SOL Surges 17% After Coinbase Lists Two Solana Ecosystem Tokens

Solana’s SOL jumped 17% in the past 24 hours to regain the $100 and above level after Coinbase listed two other tokens of the Solana ecosystem. By shauryamalwa

SOL broke above the $100 level on Monday night.

The crypto exchange said on Monday it would list ORCA and FIDA, tokens of Solana-based decentralized exchanges Orca and Bonfida respectively, asThe move marked the first time non-Ethereum assets were listed on Coinbase. It previously only stuck to list tokens built atop the Ethereum blockchain or the native tokens of blockchains, such as Avalanche and Solana.

Prices bounced from the $88-$90 support level, which acted as a major area for buyers last week. SOL previously failed to break the $100 resistance level in January 2022.

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